In a significant shift in the global automotive market, European premium brands such as Mercedes, BMW, and Audi have quietly phased out plug-in hybrid models from their Chinese lineup. The decision comes in response to recent tax rule changes in China, which have made these shorter-range plug-in hybrids less competitive in the market. As local electric vehicle (EV) manufacturers continue to gain ground, offering longer-range models at more affordable prices, European automakers have found themselves struggling to keep up. With China being one of the world's largest and most crucial markets for luxury car sales, this move is seen as a major strategic adjustment by these premium brands to stay ahead in the highly competitive EV landscape.
European premium automakers including Mercedes, BMW and Audi have eliminated plug-in hybrids from China after tax rule changes and superior local competition made their shorter-range models obsolete ...
